You’ve started an LLC for the first time in your life, and you’re quickly realizing that running a small business comes with several risks, even though your LLC status protects your personal ...

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A limited liability company (LLC) is a pass-through entity that passes profits and losses to members for tax purposes, meaning members must pay their share of LLC profit taxes on their personal ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Erin Gobler is a personal finance coach and a writer with over decade of ...

An LLC is a common business structure that protects its owners from personal liability, meaning their personal assets are protected in the event of bankruptcy or a lawsuit. Typically, LLCs are ...

Although the arrangements share characteristics, distinct differences exist between them. Notably, an LLC can opt for S-corp classification for tax purposes. Therefore, it’s essential to compare ...

An LLC operating agreement can serve as a directive for a limited liability company, outline the responsibilities of the owners (called members) and protect the owners from being personally liable ...

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Commissions do not affect our editors' opinions or evaluations. A limited liability company (LLC) is one of the most powerful tools available to entrepreneurs. It protects the owners from business ...

LLC loans are essentially the same as any other small-business loans, except they're specifically financing your LLC. Many, or all, of the products featured on this page are from our advertising ...

Commissions do not affect our editors' opinions or evaluations. Do you plan to set up a limited liability company (LLC) in the Sunshine State but don’t know where to begin? That’s ...